Fixed Price IPO | ₹81 Cr | Listed at NSE SME | Tue, Dec 19, 2023 - Thu, Dec 21, 2023
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 41,19,600 | 41,19,600 | 82,39,200 |
| Allotment price (Rs.) | 93 | 93 | 93 |
| No.of applications | 1,145 | 21,745 | 22,890 |
| No.of shares applied | 85,83,600 | 2,60,94,000 | 3,46,77,600 |
| Amount collected (Rs.cr.) | 79.83 | 242.67 | 322.50 |
| No.of times subscribed | 2.08 | 6.33 | 4.21 |
| No.of shares allotted | 20,38,800 | 62,00,400 | 82,39,200 |
| Amount (Rs.cr.) | 18.96 | 57.66 | 76.62 |
| No.of allottees | 679 | 5,167 | 5,846 |
Electro Force IPO is a public issue of 0.82 Cr equity shares. The issue offers 0.41 Cr shares to retail investors , 0.41 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 4,35,600 | 4.05 | 5.02% |
| Other* | 41,19,600 | 38.31 | 47.49% |
| Retail | 41,19,600 | 38.31 | 47.49% |
| Total | 86,74,800 | 80.68 | 100% |
The Electro Force IPO is subscribed 4.28 times by Dec 21, 2023 19:29.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 2.12 |
| Retail Individual | 6.44 |
| Total Subscription | 4.28 |
An investor can apply in Electro Force IPO online via bank (using ASBA) or the broker (using UPI). The Electro Force IPO shares are offered online only.
The Electro Force IPO is subscribed 4.28 times by Dec 21, 2023 19:29.
The Electro Force IPO allotment status is expected on or around Friday, December 22, 2023. Visit Electro Force IPO allotment status to check.
The Electro Force IPO listing date is December 27, 2023. The equity share of Electro Force IPO will list on NSE SME.
Visit Electro Force IPO subscription status page for real-time bidding information about Electro Force IPO.
| IPO opens On | Tuesday, December 19, 2023 |
| IPO Closes On | Thursday, December 21, 2023 |
| Finalisation of Basis of Allotment | Friday, December 22, 2023 |
| Initiation of Refunds | Tuesday, December 26, 2023 |
| Credit of Shares to Demat Account | Tuesday, December 26, 2023 |
| IPO Listing Date | Wednesday, December 27, 2023 |
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